Publications

9 publications found, searching for 'Willem Thorbecke '

• Policy Note No. 1
  April 01, 2004

  Inflation Targeting and the Natural Rate of Unemployment

  Willem Thorbecke
  Abstract

  Inflation targeting has become an increasingly popular strategy for setting monetary policy during the last decade. While no countries had formal inflation targets before 1990, currently 22 countries use inflation…more

  Download Policy Note 2004/1 PDF (249.66 KB)
• Public Policy Brief No. 60
  June 08, 2000

  A Dual Mandate for the Federal Reserve

  Willem Thorbecke
  Abstract

  The Federal Reserve currently has two legislated goals—price stability and full employment—but a debate continues about making price stability the Fed’s primary and overriding goal. Evidence from the recent history…more

  Download Public Policy Brief No. 60, 2000 PDF (160.87 KB)
• Working Paper No. 264
  February 01, 1999

  Further Evidence on the Distributional Effects of Disinflationary Monetary Policy

  Willem Thorbecke
  Abstract

  The performance of the United States’ economy between 1994 and 1998 was so good that some pundits began to call for the Federal Reserve to increase interest rates to depress…more

  Download Working Paper No. 264 PDF (454.79 KB)
• Public Policy Brief No. 38
  December 11, 1997

  Who Pays for Disinflation?

  Willem Thorbecke
  Abstract

  Using theoretical predictions, econometric results, and the example of the Volcker disinflation, Willem Thorbecke establishes that through disinflation’s burden on the durable goods and construction industries, small firms, and low-wage…more

  Download Public Policy Brief No. 38, 1997 PDF (154.75 KB)
• Working Paper No. 185
  March 01, 1997

  Disinflationary Monetary Policy and the Distribution of Income

  Willem Thorbecke
  Abstract

  Some economists and others argue that, despite years of low inflation, a further decrease in the rate of price growth would be beneficial by reducing the dead-weight losses created by…more

  Download Working Paper No. 185 PDF (2.53 MB)
• Working Paper No. 145
  August 01, 1995

  Financial Derivatives

  Willem Thorbecke
  Abstract

  No further information available.

  Download Working Paper No. 145 PDF (1.56 MB)
• Working Paper No. 144
  July 01, 1995

  The Distributional Effects of Disinflationary Monetary Policy

  Willem Thorbecke
  Abstract

  No further information available.

• Working Paper No. 139
  April 01, 1995

  On Stock Market Returns and Monetary Policy

  Willem Thorbecke
  Abstract

  No further information available.

  Download Working Paper No. 139 PDF (2.19 MB)
• Working Paper No. 133
  January 01, 1995

  Monetary Policy, Stock Returns, and the Role of Credit in the Transmission of Monetary Policy

  Lee Coppock and Willem Thorbecke
  Abstract

  No further information available.

  Download Working Paper No. 133 PDF (214.74 KB)